the Camino Real Landfill was required to install a plastic liner to prevent leachate from migrating into the groundwater. The fill area as 47,000 m2 and the installed liner cost was $8 per m2. In order to recover the investment, the owner charges to unload at the rates f $17 per pickup, $25 per dump truck, and $70 per compactor truck load. The fill area is adequate for 4 years. If the annual traffic is -stimated to be 2500 pickup loads, 650 dump-truck loads, and 1200 compactor-truck loads, what rate of return will the landfill owner make on the investment? The rate of return that will be made by the landfill owner is % per year.
the Camino Real Landfill was required to install a plastic liner to prevent leachate from migrating into the groundwater. The fill area as 47,000 m2 and the installed liner cost was $8 per m2. In order to recover the investment, the owner charges to unload at the rates f $17 per pickup, $25 per dump truck, and $70 per compactor truck load. The fill area is adequate for 4 years. If the annual traffic is -stimated to be 2500 pickup loads, 650 dump-truck loads, and 1200 compactor-truck loads, what rate of return will the landfill owner make on the investment? The rate of return that will be made by the landfill owner is % per year.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
![The Camino Real Landfill was required to install a plastic liner to prevent leachate from migrating into the groundwater. The fill area
was 47,000 m² and the installed liner cost was $8 per m2. In order to recover the investment, the owner charges to unload at the rates
of $17 per pickup, $25 per dump truck, and $70 per compactor truck load. The fill area is adequate for 4 years. If the annual traffic is
estimated to be 2500 pickup loads, 650 dump-truck loads, and 1200 compactor-truck loads, what rate of return will the landfill owner
make on the investment?
The rate of return that will be made by the landfill owner is
% per year.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F47ee90fb-bad8-4b0f-9313-4e0de5bf2043%2F62cdce69-6d67-43bc-97ce-45ea5977c7e2%2Fbu19blr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The Camino Real Landfill was required to install a plastic liner to prevent leachate from migrating into the groundwater. The fill area
was 47,000 m² and the installed liner cost was $8 per m2. In order to recover the investment, the owner charges to unload at the rates
of $17 per pickup, $25 per dump truck, and $70 per compactor truck load. The fill area is adequate for 4 years. If the annual traffic is
estimated to be 2500 pickup loads, 650 dump-truck loads, and 1200 compactor-truck loads, what rate of return will the landfill owner
make on the investment?
The rate of return that will be made by the landfill owner is
% per year.
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